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Re: BRIG_88 post# 194981

Monday, 08/20/2012 2:33:02 PM

Monday, August 20, 2012 2:33:02 PM

Post# of 312015
From the companies own news release:


http://www.plastic2oil.com/site/news-releases-master/2012/05/15/jbi-inc-announces-10-million-financing-successful-independent-engineering-review-of-p2o-technology-by-saic-and-management-and-governance-changes


JBI, Inc. Announces $10 Million Financing, Successful Independent Engineering Review of P2O Technology by SAIC and Management and Governance Changes


Posted May 15th, 2012 in 2012 News Releases


THOROLD, Ontario, May 15, 2012 (GLOBE NEWSWIRE) – JBI, Inc. (the "Company") (OTCQB:JBII) is pleased to announce the following:


• Investment of $10 million in equity capital
• Successful independent review of its Plastic2Oil® (“P2O®”) technology by SAIC
• John Bordynuik to become Chief of Technology (“CTO”)
• Senior Rock-Tenn Company (“RockTenn”) executive Kevin Rauber to join the Company as CEO and President
• Transition to governance practices consistent with other leading companies


Any Idea what the "O" in CTO stands for?

You see the word "officer" or "executive" anywhere in his title? No? Me either.